The #1 Reason Most Entrepreneurs Fail

The #1 Reason Most Entrepreneurs Fail

Do you want to know the #1 reason why most entrepreneurs fail to reach their goals? It's the same reason why most people fail to reach any goal they set.

I'll tell you what it is in a minute... but first, I want to tell you about a conversation I had recently with a musician friend of mine.

You see, my friend has been working really hard on his first album and he has had a lot of doors slammed in his face. Recently he entered a contest for new musicians and he lost. When I talked to him, he was ready to quit. He said "it's just not working out. Why bother?"

Have you ever felt that way?

I told him about Walt Disney. Did you know that Walt Disney was rejected for financing 302 times before getting financing for Disneyland. 302 times!

That means 302 people didn't believe in his dream.

302 people thought he would fail.

302 people told him no.

And then 1 person said yes. Imagine if he had quit after the 302nd no? A world without Disneyland.

How many rejections have you had? I asked my friend. He had a handful.

Would you go to 302 and keep going? How many would quit after only a few? Too many.

And that's the #1 reason why most entrepreneurs fail to reach their goals. They quit too soon.